Gold futures for December delivery climbed 0.7% to $1,282.30 per ounce on Wednesday, according to CME Group. Gold traded as high as $1,289.20 and as low as $1,268.60. Bullion closed in London at $1,282, according to BullionVault.

Silver futures for December moved up 0.8% to $21.37 per ounce. Wednesday’s high for silver was $21.45, while the low was $21.12.